Georg Fischer AG (OTCMKTS:FCHRF) Sees Large Drop in Short Interest

Georg Fischer AG (OTCMKTS:FCHRF) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totalling 281,100 shares, a drop of 9.1% from the December 15th total of 309,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 2,811.0 days.

Georg Fischer Stock Performance

FCHRF stock remained flat at $75.98 during mid-day trading on Friday. The business has a fifty day simple moving average of $75.98 and a 200 day simple moving average of $75.98. Georg Fischer has a 12-month low of $55.00 and a 12-month high of $77.31.

Georg Fischer Company Profile

Georg Fischer AG engages in the provision of piping systems, and casting and machining solutions in Europe, the Americas, Asia, and internationally. The company operates through four division: GF Piping Systems, GF Uponor, GF Casting Solutions, and GF Machining Solutions. The GF Piping Systems segment provides system solutions, and plastic and metal components, including fittings, valves, pipes, automation, and jointing technologies for various water cycle applications.